Hong Kong’s securities watchdog has frozen an unknown number of client accounts managed by three brokerages which were related to the suspected disclosure of false or misleading financial information ... ( read original story ...)
Hong Kong Shares May Take Further Damage On Friday
Hong Kong & China Gas contracted 0.89 percent, CITIC spiked 0.85 percent, New World Development shed 0.63 percent, China Petroleum and Chemical (Sinopec) lost 0.60 percent, CNOOC climbed 0.60 percent, ... ( read original story ...)
Hong Kong’s super rich see $20 billion in fortunes wiped out in 2018
Her wealth via financial powerhouse Kingston Financial was especially vulnerable to the torrid trading on Hong Kong’s stock market which plunged 9.4 per cent last year. Galaxy Chairman Lui Che ... ( read original story ...)
Encourage Hong Kong employees to raise voluntary MPF contributions with tax incentives, says advisory body
Employees contributing to Hong Kong’s Mandatory Provident Fund should be given tax incentives to encourage them to increase their contributions, according to a report released by the Financial Service... ( read original story ...)
Hong Kong focused on preventing cyberattacks this year
CYBERSECURITY in organizations needs to lock up tighter. Cybercrimes are on a dramatic rise in Hong Kong with the banking sector at its center. As more digital banking solutions are introduced, cybers... ( read original story ...)
Better than expected export figures for January fail to boost Hong Kong, Shanghai indices
The Hong Kong stock market shed some of the gains made this week to ... Chinese Vice-Premier Liu He and People’s Bank of China governor Yi Gang will continue their meeting with US Trade Representative ... ( read original story ...)
Hong Kong banks need to increase anti-cybercrime efforts, says exec
If Hong Kong wants to combat cybercrime and protect the interests of consumers, it needs to boost its efforts to contain the dramatic increase in cyber attacks, a senior banking executive in the city ... ( read original story ...)
Bank of New York Mellon Corp Cuts Position in Halcon Resources Corp (HK)
Complete the form below to receive the latest headlines and analysts' recommendations for Halcon Resources with our free daily email newsletter: Bank of New York Mellon Corp decreased its holdings in ... ( read original story ...)
Cyber attack on Malta bank tried to transfer cash abroad
the Czech Republic and Hong Kong. The funds have been traced and the Bank of Valletta is seeking to have the fraudulent transactions reversed. Muscat said the attack was detected soon after the start ... ( read original story ...)
HK office rent tops globally, but demand remains supportive
A recent speech by Federal Reserve chairman Jerome Powell has even encouraged the markets to speculate on a possible reversal of the central bank policy stance ... the performance of Hong Kong REITs i... ( read original story ...)
Laptop ‘for him’, vacuum ‘for her’? HSBC draws ire with Valentine offer
LONDON (Reuters) - A Valentine’s day special deal for HSBC staff in Hong Kong offering discounted laptops ‘for him’ but vacuum cleaners and kitchen appliances ‘for her’ has angered staff ... ( read original story ...)
Hong Kong stocks end weaker ahead of trade talk outcome
HONG KONG, Feb 14 (Reuters) - Hong Kong shares closed lower on ... while the IT sector closed 0.8 percent lower, the financial sector ended flat and the property sector ended 0.1 percent firmer. ** Ch... ( read original story ...)
Half of Hong Kong’s tycoons saw their wealth fall over the past year
But the biggest loser was Pollyanna Chu, who saw 73 per cent of her fortune wiped out following warning from Hong Kong’s Securities and Futures Commission that her company, Kingston Financial’s shares ... ( read original story ...)
Financial Review: MMA Capital (MMAC) versus HONGKONG LD HOL/ADR (HNGKY)
MMA Capital (NASDAQ:MMAC) and HONGKONG LD HOL/ADR (OTCMKTS:HNGKY) are both finance companies, but which is the better stock? We will contrast the two companies based on the strength of their instituti... ( read original story ...)